Central Iron Ore Ltd V.CIO

Received an Email from this company yesterday....

[Fiscalcliffjumper]

Dear Ken

As disclosed we are in dispute with our joint venture partner Red 5 Limited .We are working on a settlement .Once this occurs we can proceed with further work when our entitlements are agreed .

that is the position

Regards

DAvid Deitz

[phone]

[cool888]

Thanks for the post.

[Joedeen]

Thanks for the Information. What E-mail address did they use to contact you? I haven't received anything, which is odd. Thanks in advance.

[Goldendream]

 Many THANKS for posting this information.  This of course is a Major Dispute and the final out come will determine  investor sentiment in CIO.  

[Greenrolls8]

This post has been removed in accordance with Community Policy

[Goldendream]

Thank You once more for the CIO update.   CIO's dispute with Red 5   has been going on I believe since the Summer of 2020.  I appears to me that what ever the agreement was that CIO had with Barrick, now has to be completely renegotiated  with Red 5 ( if that is possible ). These JV talks between CIO and Red 5 will determine weather CIO will remain in the